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Developing New Ideas - Essay Example

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Summary
The author of the "Developing New Ideas" paper the author's employer encourages us to continue trying new things and rewards those successful in developing new ideas. This has extended to the point that risk-taking is a competitive advantage that our organization uses to compete in the market…
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Developing New Ideas
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Extract of sample "Developing New Ideas"

The employees can be empowered by being given the chance to make certain decisions and being allocated more responsibilities. Since the employees represent one of the most important assets to an organization, as they determine its performance, empowering them aids the organization in building partnerships with the customers. Empowerment through training helps in building partnerships by ensuring that the employees have adequate know-how, which they apply in suggesting ways of acquiring more customers and retaining the existing ones.

For instance, the appropriate information may indicate that the organization should adopt ways that would eliminate any existing limitations instead of remaining independent. This brings the idea of partnership. In addition, an organization can empower its employees by sharing information with them. This would help the employees in making the most appropriate decisions concerning partnerships since they have adequate information beforehand. Moreover, empowerment through the creation of clear goals as well as objectives would aid in empowering the employees to make goal-oriented decisions.

For instance, the employees might suggest the establishment of partnerships as the main way of realizing specific goals as they are well informed on the goals of the organization. Furthermore, creating an environment that encourages making mistakes through taking risks would also be helpful in the establishment of partnerships. This would encourage the employees to try new things with the customers and encourage others to do the same.

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(“Partnerships Essay Example | Topics and Well Written Essays - 250 words”, n.d.)
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